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Activist Starboard focusing on profitability at Salesforce, Splunk and Wix

By Svea Herbst-Bayliss and David French NEW YORK, Oct 18 (Reuters) - Activist investor Jeffrey Smith said on Tuesday his investment firm Starboard Value was currently involved with Wix.com WIX.O , Splunk SPLK.O and Salesforce CRM.N , and was engaged with management for ways to bolster valuations of these high-growth companies. Smith said the common theme among all three companies was that the level of growth they were promising had not translated into appropriate profitability and, therefore, va
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Wall Street Journal - Oct 17

Oct 17 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Goldman Sachs Group Inc GS.N plans to fold its biggest businesses into three divisions, undertaking one of the biggest reshuffles in the Wall Street firm's history. - Activist investor Starboard Value LP has a sizable stake in Splunk Inc SPLK.O and plans to push the software maker to take action to boost its stock price.
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UK Stocks-Factors to watch on Sept 27

Sept 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher with futures FFIc1 up 0.41% on Tuesday. * SHELL: Global aviation fuel demand is expected to fully recover to pre-pandemic levels of 300 mln tonnes per year in the next one to two years, the head of aviation at Shell SHEL.L said. * BOE: BOE said it would not hesitate to change interest rates and was monitoring markets "very closely", after the pound plunged to a record low and British bond prices collapsed in response to th
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Wall Street Journal - March 3

March 3 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Amazon.com Inc AMZN.O workers at a second company facility in New York will vote on a union, escalating one of a growing list of labor battles for the e-commerce giant. Link - Target Corp TGT.N is sharply expanding its logistics footprint across the U.S.
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